Goldman Sachs called employees for 7:30 am 'meetings' to fire them: report

Goldman Sachs laid off 3,000 bankers in a day after calling them to office on the pretext of a meeting with CEO David Solomon at its New York headquarters only to be greeted by the head of the team telling them that they have been fired while their manager observed the proceedings, New York Post reported.

Recounting the experience of his colleague, a Goldman Sachs employee told the publication, “He got here early for the meeting and was told the news. Meeting was put on his calendar under false pretenses. Managers were sorry to do this but their hand was forced and they wished him the best of luck."

Another staffer told New York Post that he was too told to arrive at 7:30 am for a call with Goldman counterparts in the Asia-Pacific region and didn’t question the timing since meetings those with other regions are typically held during “off-hours".

The laid off employees were given the choice to leave the office immediately or wait for colleagues to arrive so they could say goodbye. Most chose to leave following a wave of firing that was carried out before 9 am. This left other employees confused over what had happened when their colleagues did not show up, the publication stated.